SOUTHINGTON NEW FORECLOSURES REMAIN STEADY IN THE SECOND QUARTER OF 2018
LOST HOMES IN SOUTHINGTON, CT FORECLOSURES THREE TIMES HIGHER THAN 2ND QUARTER 2014
The number of new foreclosures in Southington, CT reached its second highest in the past four years. With 24 new foreclosures in the 2nd Quarter – Southington homes continue to be placed in foreclosure at an unacceptable rate. In 2014, Southington homeowners lost only 16% of homes that went into foreclosure – while in 2018 more than 79% of homes in foreclosure were eventually lost. Southington homeowners saw a 200% increase in the number of lost homes in only 5 years.
Despite continuing low interest rates, the answers and options provided by foreclosure mediation have proven to be entirely inadequate. Foreclosure courts continue to encourage self-representation by borrowers who mistakenly believe that foreclosure mediators will save their homes from foreclosure factory banks.
- Foreclosure mediation is not legal representation – homeowner’s need a lawyer.
- Mediators don’t advise homeowners on overall debt relief or the need to obtain experienced foreclosure defense attorneys. Don’t go it alone.
Southington homeowners in trouble need and deserve proven successful options for foreclosure relief and long-term home retention. At the Law Offices of Neil Crane, we have been savings Connecticut homes since 1983. We have proven legal solutions that have saved thousands of homes across Connecticut. To learn more, call and schedule your free consultation at 203-230-2233 or toll free at 1-888-249-3027.
WE ARE THE LARGEST SAVERS OF HOMES IN THE STATE OF CONNECTICUT.